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Zhong Caiwen: Deeply grasp the "five must" to promote the "15th Five-Year Plan" a good start.

Deeply grasp the "five must" to promote the "15th five-year" a good start

Zhong Caiwen

As an important part of Xi Jinping's thought of socialism with Chinese characteristics in the new era, Xi Jinping's economic thought provides a sharp ideological weapon for promoting China's high-quality economic development, scientifically dealing with major risks and challenges, and building a modern socialist country in an all-round way. The Central Economic Work Conference held at the end of last year summarized the new understanding and experience of doing economic work under the new situation with the "five must". It is the latest achievement of Xi Jinping's economic thinking. It is important for continuously consolidating and expanding the momentum of economic stability and improving in fierce international competition. Winning the strategic initiative has a major guiding role. Today's theoretical edition publishes a signed article by Zhong Caiwen, authoritatively and accurately interpret the profound connotation of the "five must", and concentrate on promoting a good start to the "15th Five-Year Plan.

——Editor's note:

At the Central Economic Work Conference held at the end of last year, General Secretary Xi Jinping summarized the practice in recent years and put forward the regular understanding of economic work under the new situation: we must fully tap the economic potential, we must adhere to policy support and reform and innovation at the same time, we must be both "live" and "well managed", we must adhere to the close combination of investment in things and investment in people, and we must practice our internal skills to deal with external challenges. These "five must" have profound connotations. They are not only a scientific summary of past practical experience, but also a scientific guide for future economic and social development, which further enriches and develops Xi Jinping's economic thought. The "Tenth Five-Year Plan" period is a critical period for the basic realization of socialist modernization to lay a solid foundation and make full efforts. This year is the first year of the "15th Five-Year Plan". A good start is half the battle. We should learn to understand and implement the important requirements of the "five must", strengthen our confidence, overcome difficulties, strive to achieve the goals and tasks of economic and social development for the whole year, and ensure a good start and a good start in the 15th five year plan.

First, we must fully tap the potential of the economy.

Fully tapping economic potential is essential for continuously consolidating the material foundation of Chinese-style modernization. China is a country with a large economy and population. An important feature of a large economy is its large room for maneuver and its internal circulation. It is necessary to make full use of the multiple advantages of China's economy, speed up quality change, efficiency change, and power change, strive to cultivate and form more new growth points, open up new space for development from point to area, and provide a strong driving force for high-quality development.

China is the world's second largest economy and has some distinctive features. The broad market depth ensures internal recycling. "China's economy is a sea, not a small pond". The volume is large enough, the system is complete enough, the diversity of demand and supply is strong, and the effects of economies of scale, scope and network economy are obvious. Production, distribution, circulation and consumption are mainly realized in the country to achieve efficient convergence and resource allocation optimization, and can calmly deal with all kinds of risks and challenges. The excellent innovation ecology ensures that technology can be self-reliant. From the perspective of previous scientific and technological revolutions and industrial changes, large countries have sufficient innovation resources, trial and error space and application scenarios, and have the conditions to lead the global economic development trend and dominate the global industrial division of labor system. As a major economic country, a major technological country, and an industrial country, China has a relatively complete innovation ecology and industrial ecology, and can cultivate its own technological system, control key links in the industrial chain, and achieve a high level of self-reliance. The strong industrial chain supply chain advantage ensures that it can influence the global economic and trade pattern. China's trade in goods is the world's first and trade in services is the world's second. It is both a global super "buyer" and a super "seller". It is a major trading partner of more than 150 countries and regions around the world. At present, a small number of countries are pursuing unilateralism and protectionism, and China's position in the global economy is becoming more and more important. It is a key force affecting the global economic structure and has the ability to actively shape a fair and reasonable international order.

China is the largest developing country in the world and has many advantages. The socialist system with Chinese characteristics injects maximum certainty into the Chinese economy. Under the strong leadership of the Central Committee of the Communist Party of China, with Comrade Xi Jinping at its core, China's economy has withstood the severe impact of the century epidemic, effectively responded to risks and challenges such as external containment and suppression, strengthened counter-cyclical and cross-cyclical adjustment to cope with downward pressure on the economy, and has always been the biggest contributor and anchor of stability to world economic growth. The ultra-large-scale market is the "ballast stone" of China's economic development ". With a population of more than 1.4 billion, China is one of the largest and most potential consumer markets in the world. A large number of Chinese brands in the fields of new energy vehicles, smart phones, white goods, and trendy toys have grown in the domestic market and gone overseas, becoming the new business card of China's economy. The complete industrial system is the biggest confidence for China's economy to stand up to the tide. The scale of China's manufacturing industry has ranked first in the world for more than ten consecutive years, and it has the most complete manufacturing system in the world. In the face of the "fragmentation" trend of the global economy, made in China is not only the foundation and resilience of its own economic development, but also an indispensable "stabilizer" of the international industrial chain supply chain ". High-quality workers and entrepreneurs provide a source of vitality for China's economic innovation and development. The total number of human resources in China exceeds 0.22 billion, the number of high-level scientific and technological talents ranks among the top in the world, and the team of outstanding entrepreneurs continues to grow. Whether it is "big power heavy equipment" such as domestic large aircraft and electromagnetic ejection aircraft carriers, or phenomenal new technologies and new products such as DeepSeek (deep search) and the game "Black Myth: Wukong", a large number of young Chinese scientists, engineers and entrepreneurs are active behind them. They are the biggest source of power for China's economy.

The whole chain multi-dimensional synergy, the economic potential into the actual effectiveness of high-quality development. Vigorously boost consumption, expand effective investment, and tap the potential of domestic demand. The consumption rate of Chinese residents is about 40%, which has 10-20 percentage points of room for improvement compared with developed countries, and the per capita infrastructure stock has 4-5 times of room for growth compared with developed countries. Efforts should be made to cultivate more new growth points in the consumption of high-quality goods and services, investment in goods and investment in people. Promote the deep integration of scientific and technological innovation and industrial innovation, and tap the potential of innovation. China is an important pole of global innovation and an important contributor to human knowledge, and has multiple advantages to grasp the strategic opportunities of the current round of scientific and technological revolution and industrial transformation. Efforts should be made to expand new technologies, new products and new scenarios such as smart economy, green economy, bio-economy, and space economy, and create a number of emerging pillar industries with high added value and strong leadership. Promote urban-rural integration and regional coordinated development, and tap the potential of space. The quality and level of urbanization in China will continue to improve, agriculture will gradually develop into a modern industry, rural areas will gradually have modern living conditions, and the development gap between regions will continue to narrow. It is necessary to tap the development potential in solving the problem of unbalanced and inadequate development, and expand the development space in ensuring and improving people's livelihood.

Second, we must adhere to policy support and reform and innovation at the same time.

Policy support and reform and innovation are like the two wheels of a car and the wings of a bird, which complement each other and are indispensable. To promote high-quality economic development, we should not only make policies strong, but also make efforts to reform, promote macro-control and deepen reform in coordination, and promote high-quality development to achieve new results.

Adhering to both policy support and reform and innovation is the practical experience of macroeconomic governance in the new era. Since the 18th National Congress of the Communist Party of China, in the face of the profoundly changing domestic and foreign environment, the Party Central Committee has made a major judgment that my country's economic development has entered a new normal, and insisted on strengthening macro-control and comprehensively deepening reforms. A new chapter in the two miracles of rapid economic development and long-term social stability. On the one hand, innovate and improve macro-control, strengthen counter-cyclical and cross-cyclical adjustment. We should pay attention to making good use of the two major means of fiscal policy and monetary policy, give full play to the role of policies such as industry, price, employment, consumption and investment, enhance the consistency of macro policy orientation, further promote supply-side structural reform, and strive to expand domestic demand. we will promote a dynamic balance between supply and demand and keep the economy operating within a reasonable range. On the other hand, we should persist in comprehensively deepening reform and mobilize the enthusiasm, initiative and creativity of all parties. The Third Plenary Session of the Eighteenth Central Committee of the Communist Party of China opened a new era of comprehensive deepening of reforms and overall system design to promote reforms. my country's fiscal and taxation, finance, science and technology, ecology and other fields have been comprehensively deepened. The basic institutional framework in various fields has been basically established. Achieve historic changes, systematic remodeling, and overall reconstruction. In practice, we adapted to the characteristics of the "three-phase overlay" phase, focused on the "three major battles", effectively responded to the impact of the century epidemic, external suppression and containment and other risks and challenges, explored a macroeconomic governance path with both policy support and reform and innovation, and created a new phase of Chinese-style modernization.

Adhering to both policy support and reform and innovation is an inevitable choice to solve the multiple problems of economic and social development. At present, the cyclical, structural and institutional problems in China's economic development are intertwined. From the perspective of the economic cycle, the global economic growth momentum is insufficient, the recovery is weak, external demand is facing greater uncertainty and instability, the contradiction between strong domestic supply and weak demand is prominent, and the virtuous circle of the national economy is facing many stuck points. From the perspective of economic structure, China is still in the critical period of the transformation of new and old kinetic energy. The supply of some high-quality goods and services is insufficient, the supply of some traditional industries exceeds demand, and the change of population structure puts forward new issues to economic development and social governance. The problem of unbalanced development between urban and rural areas is still prominent. From the perspective of the economic system, the market-oriented allocation of factors is not sufficient, the construction of a unified national market still needs to be strengthened, the business environment in some areas needs to be continuously optimized, and the vitality of some business entities has not yet been fully released. These problems are intertwined and superimposed, and there is no panacea that can cure all diseases. It is necessary to implement comprehensive policies, coordinate policy support, reform and innovation, and strive to maximize effectiveness.

Adhere to policy support and reform and innovation simultaneously, and realize the organic combination of short-term macro-control and medium-and long-term system construction. Macro policy focuses on counter-cyclical adjustment, short-term "fever and pain" to stabilize the economic market, but if there is no support for reform measures, the policy effect will gradually diminish, and even lead to the formation of "policy dependence" in economic development ". Reform and innovation are committed to breaking down institutional and institutional barriers, long-term "physical fitness", and enhancing the endogenous driving force of the economy, but they are often accompanied by adjustment pains. Without policy support to stabilize the basic economic market, reforms cannot be sustained and effective. It is necessary to combine short-term macro-control with medium-and long-term institutional construction. On the one hand, we should strengthen counter-cyclical and cross-cyclical adjustment, implement more active macro policies, continue to stabilize growth, employment and expectations, and create favorable conditions for reform. On the other hand, we should put the reform in a more prominent position, take the economic system reform as the traction, further deepen the reform in an all-round way, firmly eliminate the drawbacks of various systems and mechanisms, mobilize the enthusiasm of local governments and enterprises, and promote the formation of more economic development mode led by domestic demand, driven by consumption and endogenous growth. Only when the policy "blood transfusion" and the reform "hematopoiesis" work together can the organic unity of "short-term stability" and "long-term health" be realized.

Adhere to policy support and reform and innovation at the same time, to enhance the consistency and effectiveness of macro-policy. Coordinated promotion of policy support and reform and innovation, we should pay more attention to the same frequency resonance, the opposite. It is necessary to strengthen the systemic concept, not only to incorporate economic and non-economic policies, stock policies and incremental policies into the assessment of the consistency of macro-policy orientation, but also to strengthen the synergy between reform initiatives and macro-policies, so as to avoid offsetting the effects of macro-policies and reform initiatives, and to ensure the same direction and synergy. It is necessary to grasp the time and effectiveness, improve the scientific decision-making and evaluation mechanism, timely adjust and optimize macro policies and reform measures, ensure that policies are not idle and reform is not empty, so as to provide a strong driving force and system guarantee for promoting the sustained and stable economic development and achieving high-quality development.

Third, we must do both "live" and "well managed"

Dealing with the relationship between the government and the market is the core issue of economic system reform. It is necessary to let the "invisible hand" of the market and the "visible hand" of the government bear their respective responsibilities, promote the formation of an economic order that is both "live" and "well managed", and continue to enhance the driving force and vitality of high-quality development.

Coordinating the relationship between "live" and "well managed" is an inevitable requirement for improving economic governance capabilities. Adhering to the combination of effective market and promising government is not only the proper meaning of building a high-level socialist market economic system, but also the key factor to ensure the continuous success of China's economic development. It is the general law of market economy that the market determines the allocation of resources, and the market allocation of resources is the most efficient form. We must give full play to the decisive role of the market in the allocation of resources, promote the free flow of commodity elements and resources in a wider range, and continuously reduce institutional transaction costs. Giving better play to the role of the government is an outstanding advantage of the socialist market economic system. Through scientific macro-control and effective government governance, it can effectively make up for market failure, maintain the market order of fair competition, and stabilize and improve expectations in all aspects. Therefore, to speed up the construction of a high-level socialist market economic system, it is necessary to coordinate the relationship between an effective market and a promising government, give full play to the advantages of a super-large-scale market, and continuously improve the efficiency of macroeconomic governance, so as to form a "live" and "well-managed" economic order.

The purpose of "release" is to remove the institutional and institutional obstacles that affect the development of productive forces and fully stimulate the vitality of various business entities. In recent years, all regions and departments have conscientiously implemented the decisions and deployments of the Party Central Committee, continued to transform government management and service functions, and strived to create a market-oriented, legalized, international first-class business environment. What needs to be made clear is that "letting go" is not letting it go, but to ensure that all kinds of ownership economies use production factors equally in accordance with the law, participate in market competition fairly, and are equally protected by law. we will promote the complementary and common development of the advantages of various ownership economies. We will deepen the reform of state-owned enterprises, promote the optimization of the layout and structural adjustment of the state-owned economy, enhance the core functions of state-owned enterprises and enhance their core competitiveness. Develop and expand the private economy, improve the supporting laws and policies of the Private Economy Promotion Law, continue to promote the development of private investment, and improve the long-term mechanism for private enterprises to participate in the construction of major national projects. It is necessary to deepen the reform of the foreign investment promotion system and mechanism, reduce the negative list of foreign investment access, fully implement the national treatment of foreign-funded enterprises, and vigorously support the domestic reinvestment of foreign-funded enterprises.

"Management" is aimed at disrupting market order and disrupting market expectations. The essential requirement is to build an economy under the rule of law. The rule of law is the inherent requirement and important guarantee for building a high-level socialist market economic system. "Good management" means to better play the role of the government, focus on correcting market failures, and standardize the order of market competition. Of course, "management" is not to tie hands and feet and set up cards to control death, but to put the rule of law in a more prominent position, build a unified, open, competitive, and orderly market system, and vigorously build an economy under the rule of law and a credit economy. In the face of the vigorous development of new industries, new formats and new models, it is necessary to speed up the construction of the rule of law in the fields of digital economy and artificial intelligence, so as to better safeguard the legitimate rights and interests of consumers while stimulating the innovative vitality of business entities. In view of the phenomenon of malicious low-price dumping in some fields, it is necessary to thoroughly rectify the "internal volume" competition, promote high-quality and good price, healthy competition, and create a good market ecology. Strengthen the management of production capacity in key industries, strengthen standards and quality leadership, and implement the withdrawal of business entities in accordance with the law. We will continue to regulate law enforcement and supervision of enterprises, and resolutely prevent illegal law enforcement and profit-seeking law enforcement.

The key to testing whether it is "live" and "well managed" depends on whether it effectively promotes high-quality economic development. We must completely, accurately and comprehensively implement the new development concept, focus on removing institutional and institutional obstacles in the construction of a unified national market, developing new quality productive forces in line with local conditions, and meeting the needs of the people for a better life, properly handle the relationship between an effective market and a promising government, and promote economic development from "whether or not" to "whether or not". In the face of external uncertainty, it is necessary to further effectively smooth the domestic cycle, promote the construction of a unified national market in depth, and form a joint force to promote high-quality development. We should open up the blocking points for the development of new quality productivity, strengthen the dominant position of enterprises in innovation, improve the intellectual property protection system in emerging fields, and achieve high-level scientific and technological self-reliance. Focus on solving the people's urgent and anxious problems, strengthen the construction of inclusive, basic, and comprehensive people's livelihood, and continuously enhance the people's sense of gain, happiness, and security.

Fourth, we must adhere to the close combination of investment in things and investment in people.

The ultimate goal of economic development is to enhance the well-being of the people and realize the all-round development of human beings. Adhering to the close combination of investment in things and investment in people is a comprehensive renewal of investment concepts and a comprehensive optimization of investment priorities. It is of great significance for enhancing development momentum, expanding domestic demand, and promoting the overall development of people.

Investment is an important engine of economic and social development, and different stages of development have different investment priorities. In the initial stage of promoting modernization, a country is restricted by the shortage of capital, and often prioritizes investment in "things". Through large-scale investment in raw materials, infrastructure, plant equipment, etc., it will consolidate the material and technological foundation for economic and social development. With the continuous "accumulation" of material capital, the overall rate of return on investment in things will tend to decline, and the momentum of economic development will gradually shift from incremental expansion to improving quality and efficiency. Entering a new stage of development, we can no longer follow the old path of factor-driven and investment-driven. Instead, we must turn to innovation-driven and demand-driven. By increasing investment in "people", we will accelerate the accumulation of human capital, and achieve scientific and technological progress and people's livelihood. Improve and build long-term economic development competitiveness.

Investment in things should focus on the real economy and scientific and technological innovation, expand space and release potential. After years of development, the "family background" of China's physical assets is more solid, but there is still a big gap between the per capita capital investment and that of developed countries. For example, the per capita infrastructure stock is only 20% to 30% of that of developed countries, the stock capital structure needs to be further optimized and upgraded, the investment in some important industries is insufficient, and some key core technologies are still controlled by others, many stocks of machinery and equipment, infrastructure, old communities, underground pipe networks, etc. need to be updated and upgraded. A new round of technological revolution and industrial transformation has also promoted the rapid emergence of a large number of new investment needs, and investment demand in key areas such as new quality productivity is strong. In general, compared with the needs of Chinese-style modernization, there is still a lot of room for my country to invest in things. It is necessary to combine the "Tenth Five-Year Plan" recommendations to plan and implement a number of major engineering projects with strong traction, promote urban renewal with high quality, maintain a reasonable scale of material capital investment, optimize investment layout, and expand effective investment in the real economy and technological innovation.

Investing in people should focus on improving people's livelihoods and human resources development, highlighting key points and making precise efforts. Investment in people refers to the investment in the ability improvement and potential development of the whole population and the whole life cycle, such as childcare, pension, health, education, skills training, etc., with the change of China's development stage, its importance and urgency are becoming increasingly prominent. Compared with the investment of material capital, China has insufficient investment in the fields related to the people's livelihood and the all-round development of people, and there is still much room for improvement compared with developed countries. For example, although the proportion of national financial education expenditure in gross domestic product (GDP) has remained above 4% for many years, it is lower than the average level of 4.5-5.5 in developed countries; in 2024, the proportion of total health expenditure in GDP will be 6.7%, significantly lower than that of developed countries such as the United States, Germany and Japan. In the coming period, it is necessary to earnestly change the concept of investment, not only to see things, but also to see people, improve the long-term mechanism of investing in people, expand effective investment covering the whole population and the whole life cycle, organically combine the improvement of people's livelihood with the expansion of domestic demand, cultivate new economic growth points in improving people's livelihood and well-being, and provide basic and strategic support for high-quality development. Win the strategic initiative in the new round of scientific and technological revolution and industrial transformation.

Investing in things and investing in people should be two-way empowerment and mutual promotion. The emphasis on investing in people is definitely not to say that investing in things is not important. In fact, the accumulation of material capital and human capital is not mutually opposed and mutually exclusive, but complementary and mutually reinforcing. On the one hand, the all-round development of human beings is inseparable from the investment in "things. The construction of schools, hospitals and supporting service facilities can improve the level of public services, which is conducive to ensuring and improving people's livelihood and promoting people's all-round development. On the other hand, the efficiency improvement of material capital and technological iteration are inseparable from the investment in "people. Investment in new infrastructure construction such as 5G networks and computing centers and the development of cutting-edge fields such as artificial intelligence and biomedicine are deeply bound to the training of high-quality talents. In the work, it is necessary to establish a coordinated development orientation and promote the coordination of material capital and human capital accumulation. For example, when formulating industrial policies, it is necessary to synchronize supporting policies and measures to promote the development of human capital, establish a collaborative evaluation system for investment in things and people, change the practice of measuring the effectiveness of investment simply by the increment of material capital, and prevent the disconnection of "seeing things but not people. Private investment is not only an important force in investing in things, but also a potential force in investing in people. It is necessary to improve the long-term mechanism for private enterprises to participate in the construction of major projects, and guide private investment to expand into new raceways such as high-tech and producer services; relax access, strengthen guidance, provide demonstrations, and guide private capital to invest in human resource development and the all-round development of people Various fields.

Fifth, it is necessary to deal with external challenges by practicing internal skills.

General Secretary Xi Jinping emphasized, "No matter how the external environment changes, we must concentrate our efforts on doing our own affairs." In the face of the accelerated evolution of the world's unprecedented changes in a century, we must maintain strategic determination, refine the diamond body, and respond to the uncertainty of rapid changes in the external environment with the certainty of high-quality development.

The greatest certainty in the international environment is the challenge of uncertainty. In today's world, accidents are intertwined and turbulence is intensifying. my country's development environment is facing profound and complex changes, and uncertain and unpredictable factors are increasing. Geographical conflicts are prone to occur frequently, and regional conflicts such as Eastern Europe, the Middle East, and Latin America have delayed spillover, impacting the security of international transportation channels and commodity prices. Unilateralism and protectionism are on the rise, and the international economic and trade order is facing severe challenges. According to the statistics of the World Trade Organization, the newly established tariffs and other trade barriers in 2025 will affect the trade volume of goods of 2.7 trillion US dollars, which is more than three times that of 2024. Among them, trade barriers and frictions against my country have increased. A small number of Western countries adhere to the Cold War mentality and the concept of zero-sum game, regard our country as the main strategic competitor, and implement all-round containment, containment and suppression.

History has proved that we have a strong advantage in dealing with external challenges. After the founding of New China, especially since the reform and opening up, China has encountered a lot of external risk shocks, and in the end, we can turn the danger into a barbarian, relying on maintaining strategic determination and putting the foothold of development at home. In the face of the two major shocks of the Asian financial crisis and the international financial crisis, we have implemented the strategy of expanding domestic demand and promoted the transformation of economic development to domestic demand. The proportion of exports in GDP has dropped from about 34% in 2007 to about 19% at present. Since the 18th National Congress of the Communist Party of China, we have adhered to the overall leadership of the party, adhered to and improved the basic socialist economic system, continuously reached a new level of economic aggregate, built the world's most complete and largest industrial system, and continuously resolved risks in key areas. Since the United States launched the trade war in 2018, the Party Central Committee has responded calmly and systematically. China's economy has always maintained development and progress, showing the resilience of "the more pressure, the stronger. Over the past few years, the door of our opening up has become wider and wider, the export of goods has maintained strong resilience, the pattern of foreign trade diversification has accelerated, the degree of dependence on exports from a single country has declined, and institutional opening has steadily expanded. The ability of scientific and technological innovation is getting stronger and stronger, the key areas of suppression and containment are accelerated, a number of major key core technologies have been conquered, and the level of independent control of the industrial chain has been continuously improved. The unique position of super sellers of manufactured goods is becoming more and more prominent. Many investment products and intermediate products are highly internationally competitive and it is difficult to find alternative sources in the short term, which actively provides strategic support for winning the international economic and trade struggle. Time and momentum are on our side. As long as we persist in focusing on national interests and long-term goals, unswervingly handle our own affairs, and constantly strengthen our own strength, there will be no external challenges that can delay or even interrupt the great historical process of Chinese-style modernization.

Increase resilience to external challenges. Changes contain opportunities, challenges inspire fighting spirit. In the first year of the "Tenth Five-Year Plan", we must follow the requirements of the Central Economic Work Conference, carry forward the spirit of historical initiative, make good use of the deep and broad economic advantages of major countries, and promote the "Tenth Five-Year Plan" to achieve a good start. To strengthen, optimize and expand the real economy and build a modern industrial system. We should consolidate and enhance the dominant position of traditional industries, resolve structural contradictions and accelerate the transformation of digital intelligence. Strengthen the classification planning and guidance of emerging industries and future industries, and implement large-scale application demonstration actions for new technologies, new products and new scenarios. We will explore new economic growth points in promoting the high-quality and efficient development of the service industry, improve policies such as access, supervision, and opening up, and implement classified policies to promote the development of producer services and life services. Comprehensively enhance the ability of independent innovation, accelerate the high level of science and technology self-reliance. It is necessary to improve the new national system and take unconventional measures to reverse the situation in which key core technologies are controlled by others as soon as possible. Increase long-term stable support for basic research and strengthen the original innovation orientation of scientific research and technological development. Strengthen the dominant position of enterprise innovation and promote the gathering of innovation resources to enterprises. We will speed up the construction of a national strategic talent force and smooth the channels for the exchange of talents in universities, scientific research institutes and enterprises. Build a strong domestic market and smooth the domestic and international double cycle. In accordance with the requirements of "five unifications and one opening up", we will resolutely eliminate the blocking points that hinder the construction of a unified national market, and improve the supporting systems of statistics, finance and taxation, and assessment. We should adhere to the close combination of investment in things and investment in people, and strengthen investment in human resources development and people's all-round development. Vigorously promote the increase in income and reduce the burden on the population, and expand the supply of high-quality consumer goods and services. Expand the diversification of export markets and promote the balanced development of imports and exports. Take the initiative to connect with international high-standard economic and trade rules, actively expand independent opening up, and create new advantages in attracting foreign investment.

The Chinese people do not stir up trouble and are not afraid of it. We are fully confident, capable and confident to deal with external challenges, do our own affairs well in a down-to-earth manner, achieve a good start to the 10th five-year Plan, and constantly promote the great cause of building a strong country and national rejuvenation in an all-round way with Chinese-style modernization.

Information source: People's Daily


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